Philadelphia, Pennsylvania prices:$10 in 1995→$16.27 in 2020

Inflation in Pennsylvania

Prices in Philadelphia, 1995-2020 ($10)

According to the U.S. Bureau of Labor Statistics, prices in Philadelphia, Pennsylvania were
62.73% higher
in 2020 versus 1995 (a $6.27 difference in value).

Between 1995 and 2020:Philadelphia experienced an average inflation rate of 1.97% per year.
In other words, $10 in Philadelphia in the year 1995 would cost $16.27 in 2020 for an equivalent purchase.
Compared to the overall inflation rate of 2.13% during this same period, inflation in Philadelphia was
lower.

In the year 1995: Pricing changed by 2.62%, which is
above the average yearly
change in Philadelphia during the 1995-2020 time period.
Compared to inflation for all items in 1995 (2.81%), inflation in Philadelphia was
lower.

Price Inflation in Philadelphia, Pennsylvania since 1914

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing:
1919 (21.56%),
1918 (21.45%),
and 1920 (16.49%).

How to calculate the inflation rate for Philadelphia, 1995-2020

Then plug in historical CPI values from above. The CPI for Philadelphia, Pennsylvania was 158.692 in the year 1995 and 258.234 in 2020:

258.234 / 158.692* $10 = $16.27

Therefore, according to U.S. Bureau of Labor Statistics, $10 in 1995 has the same "purchasing power" as $16.27 in 2020 (in the CPI category of Philadelphia, Pennsylvania).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Philadelphia, Pennsylvania in 1914. In addition to Philadelphia, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.